Ukrgasbank Paid a Coupon of B-Series Cherkasy Municipal Bonds
The bonds issue of the Cherkasy City Council for the total of UAH 60 million was lead-managed and placed by Ukrgasbank. T
he coupon rate is fixed at 14% per annum. The period of maturity from 18 to 20 August 2016. T
he proceeds from the bonds issue shall be used to finance the city development budget for the roads renovation.